Friday’s 1 hour S&P Futures look
The S&P500 futures failed to hold 1400, though are above 1 hour trend support. At this current 30 seconds in time the SPX & RUT are both playing catch up to the NDX; i.e. the SPX made a new 2012 and 3 year high today the NDX remained under yesterday’s highs. The RUT closed within a point of multi year highs.
|1 hour ES|
It does indeed appear 1400+ will be probed into next week as momentum stocks ease up a bit and large cap components start doing leg work.